3103 results for ""
Date
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September 15, 2020
Asset Allocation,Investing

‘High-yield market correction is looming’

The high-yield market has recovered nicely from the corona-induced market crash, but further price appreciation is becoming increasingly unlikely, says manager Ulrich Gerhard of the BNY Mellon Global Short-Dated High Yield Bond Fund in an interview with …
September 14, 2020
Asset Allocation

Luxembourgers continue to shun investment funds

Despite the Grand Duchy’s status as Europe’s largest investment fund centre, Luxembourgers hold almost four times more money in bank deposits than in funds. Since 2008, Luxembourgers have increased their holdings in investment funds as a percentage of …
September 11, 2020
Asset Allocation

Analysis: the end of the short-sellers?

Have hedge fund managers just lost it? More and more leading managers are returning assets to their clients. The reason is the melt-up of the market, making it ever harder for short-sellers to identify profitable trades. For example, this summer John …
September 10, 2020

AIFMD reform is taking shape

The potential shape of the upcoming reform of the Alternative Investment Fund Managers Directive (AIFMD) became clearer this summer. The 18 August letter from Esma to the European Commission gave some strong hints on the outlook for this key text for …
September 9, 2020
Asset Allocation,Investing

Inflation: to be or not to be?

After the relaxation of the inflation target by the Fed, investment experts are rushing to predict a sustained rise in inflation. But for now, there’s no sign of inflation at all. Last week it even turned out that, for the first time since 2016, price …
September 8, 2020

‘ESG integration is easier for long/short managers’

BNP Paribas Asset Management recently launched a long-short strategy aimed at companies related to the energy transition. Portfolio manager Edward Lees (photo) explains how the fund is putting pressure on non-sustainable companies and thus achieve a …
September 4, 2020
Transfers

Transfers: Fundsquare, Luxembourg Stock Exchange, Intertrust

Fundsquare, a subsidiary of the Luxembourg Stock Exchange that provides services to support and standardise cross-border distribution of investment funds, has made two leadership appointments. It’s parent company the Luxembourg Stock Exchange has …
September 2, 2020

Alfi asks for delay to sustainability disclosure rules

Alfi has asked the European Commission to delay the implementation of new rules on the disclosure of the sustainability of investments by 9 months to 1 January 2022. According to the regulation on sustainability-related disclosures, which is supposed to …
September 1, 2020
Asset Allocation,Investing

'Fed U-turn will propel inflation'

The Fed’s announcement last Thursday that it will now target an ‘average’ inflation rate of 2% is a huge game changer for investors and asset allocators, says Philippe Gijsels, head strategist at BNP Paribas Fortis. ‘The importance of this policy shift is …
August 31, 2020

Is Luxembourg ready for the post-Covid era?

While slowly getting back to normal, the priority of the country’s fund industry should be to review their operating models and reassess their risk, KPMG partners Ravi Beegun (pictured) and Alan Picone suggest. Meanwhile, asset managers should focus on …